tradable permits

• Dan Farber
• July 5, 2010

Environmental Property Rights: Part I

This is the first of a four part series on environmental property rights (EPRs).  EPRs are property rights that are designed to help protect the environment.  They are either rights to prevent environmental degradation  or limited rights to impair the environment.  A couple of examples may help explain the concept. 1. The Public Trust Doctrine. …

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